For those who have run a business, the terms receivership, administration, bankruptcy and liquidation are used widely to describe businesses that is in trouble. While these are all related to a certain degree, they are all different situations, that can result in different outcomes for business. In this article, we will discuss what it means … Continue reading Receivership
Tag: Commercial Law
ASIC Investigations
What is an ASIC investigation? Why and how are they conducted? The Australian Securities and Investments Commission (ASIC) investigates and prosecutes breaches of corporate law by corporations, directors and officers. Their work is carried out under the Commonwealth Corporations Act 2001. Breaches of corporate law can have some serious consequences for a business and the … Continue reading ASIC Investigations
Setting Aside Default Judgements
Firstly, what are default judgements? Default judgments occur when people do not respond to a lawsuit or debt collector, and a judge resolves the case without ever hearing the defendant’s side. In effect, they are found guilty because they never actually entered a defence, therefore, a judgement is made, setting out the amount of money … Continue reading Setting Aside Default Judgements
Australian Business Names
Do I need to register my business name? The name you choose to operate your business under is your business name. It is often your first impression with customers and a key differentiator between your competitors. It is more than a word; business names have the power and emotional influence to create a positive or … Continue reading Australian Business Names
Breach of Contract QLD
Breaches of contracts in Queensland Contract law What is a contract? Contracts are a crucial part of day-to-day life in Queensland and in Australia as a whole, so much so that we are entering into them everyday, often without even realising. A contract is defined as a "legally binding agreement that recognises and governs the … Continue reading Breach of Contract QLD
Trademarking your business name QLD
Should you trademark your business name? It is granted that everyone’s business is unique. Therefore, it is no surprise that everyone wants their business to stand out from its competitors and be identifiable to their perspective audience. Perhaps the best way of achieving this is registering a trademark on a business name or logo, giving … Continue reading Trademarking your business name QLD
Lease Agreements QLD
Lease agreements – what are your rights? When you rent a property or space – whether it be residential or commercial purpose – you are required to sign a lease. A lease agreement or lease document (also known as a tenancy agreement) is a written agreement between you and the property owner. Unlike the purchase of a house, tenancy … Continue reading Lease Agreements QLD
QCAT Money Orders
In Queensland, almost all disputes will be dealt with by the Queensland Civil and Administrative Tribunal (QCAT), the Magistrate’s Court, District Court or Supreme Court. It simply depends on the amount of money in dispute as to which court you will go to. What are the thresholds of the monetary orders in Queensland? Queensland Civil … Continue reading QCAT Money Orders






